Form 4: ThredUp Director Timothy Haley Receives Stock Grant

Director Timothy M. Haley acquired 3,836 shares of ThredUp Inc. Class A Common Stock as part of an annual retainer election.

Summary

• Director Timothy M. Haley was granted 3,836 fully vested restricted stock units (RSUs) on April 22, 2026.
• The grant was issued under the Issuer's 2021 Stock Option and Incentive Plan.
• The reporting person elected to receive these RSUs in lieu of his annual cash retainer.
• Following this transaction, the director's total beneficial ownership is 277,104 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation practices.

Positives

• Director demonstrates alignment with shareholder interests by opting for equity compensation over cash.

Negatives

• None.

Risks

• None.

Future Outlook

No forward-looking guidance provided in this filing.

Management Comments

• The transaction represents a grant of fully vested RSUs in lieu of an annual cash retainer.

Industry Context

StockSavvy.ai notes that it is common practice for board members in growth-stage retail and e-commerce companies to accept equity in lieu of cash to preserve corporate liquidity.

Comparison to Industry Standards

• The election to receive equity in lieu of cash is a standard corporate governance practice among technology and e-commerce firms to align director incentives with long-term shareholder value.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation election.

Next Steps

• None.

Key Dates

Keywords

ThredUp, TDUP, Insider Trading, Form 4, Director Compensation, Equity Grant